Help with price...

[smileyteeth]

I am looking at a Round - Very good Cut, 1.29 Carat,Clarity SI2, Color H. They are asking 7246.25 plain white gold setting they are asking $7246.25 (tax not included) What do you think? And is IGI rating cert any good?

 

[Hodne]

Not a good price at all I think. Have you got more info. on this rock?

 

[phoenixgirl]

No, not a good price. Here is an H SI2 ideal cut diamond with an AGS cert (much more reputable than IGI) for $6200. A white gold setting should only run you $200-$250 unless there is something special about the design.

Is your diamond cut well? Is it eye clean? Is it really an H color? These are all unanswered questions, but no matter what, you can get something much better for $7200.

 

[aljdewey]

I emphatically agree with the others......based on what you've wrote, that's far too much money.




You said it's in a simple white gold setting.....if you mean a plain, Tiffany style setting, that runs about $80-100, and the rest is the stone. As PG pointed out, a WELL-CUT stone with documentation from a TOP lab in those specs runs about $6000-6100. Where your cut is listed as very good and graded by a fairly lenient lab, the price should go WAY down.




About the lab.....I understand IGI to be quite lenient in their grading, so your H could end up being an I or a J, and the SI2 could end up being an I1 or I2.




Sorry the news isn't better. Keep looking.

 

[phoenixgirl]

I know you didn't ask, but here are some stones that I would buy in your price range and with similar color/clarity.

These are hearts and arrows stones with excellent brilliance.

1.23 H SI1 GIA cert for $6800

1.286 G SI1 AGS cert for $7400

1.38 J VS1 with GIA cert for $6600

1.42 J VS1 with GIA cert for $6400

1.28 I SI1 with AGS cert for $5630

The point is, with your budget, you have a lot of options. Don't settle for an overpriced stone that may or may not be a good performer!

 

[aljdewey]

Smiley.....in your other post you asked about labs.




The two most reputable are AGS and GIA in the U.S. You may also seen some HRD certificates, but not so much in the U.S. All of these labs are STRICT graders and therefore have an excellent reputation. However, with that reputation comes cost. The more expensive labs charge more for their grading reports, so that is often reflected in the pricing of the stone. Also, because the labs charge more, it only makes sense to submit better quality stones to these labs, so their ratio of solid performing stones is quite high.




Typically, most people interested in the cut proportions of a diamond lean toward AGS stones because they actually grade the cut proportions......GIA doesn't do this. While some folks have assumed that AGS stones are more expensive than GIA, I didn't find that to be true when I shopped for our engagement ring recently. The prices on like quality stones were similar whether they were AGS or GIA.




If stones are unlikely to perform as strongly, dealers don't typically want to pay as much for the grading reports, so they use labs like EGL, IGI, etc. EGL labs in the US are considered somewhat lenient compared to the big guys listed above, but it appears as though they are trying to tighten their gradings. EGL stones can represent a great buy as long as you confirm the stone's color/clarity, etc. with an independent vendor. It's really not a great concern, either, if it's a grade off AS LONG AS that is reflected in the appropriate pricing.




It's fairly commonly held that EGL European gradings (israel, etc) are horribly misrepresentative, and most folks tend to shy away from stones with those reports.




Hope this helps.

 

[smileyteeth]

What size color and clarity should I be able to get for $7500?

 

[tommyboy]

For 7,500, you should be able to get an 1.2 - 1.35 ct GIA certified H-I stone
VS2-SI1 stone I would think.

It really all depends on the color size you want... different sizes ask differnt prices per carat.

 

[pqcollectibles]

----------------
On 1/13/2004 8:05:19 PM smileyteeth wrote:

What size color and clarity should I be able to get for $7500?----------------

The diamonds PhoenixGirl listed are links. All you have to do is click on the link to go the Vendor website/diamond listing page to review each diamond.

As you can see, you can from G to J in color, and varying clarity levels.

Well cut diamonds flash and sparkle, appear visually larger, and face up whiter and briter than their actual color rating.

There are 5 C's to diamond shopping. The trick to finding your perfect diamond is to strike a balance you are comfortable with. A well made diamond (Cut), near the size you would prefer (Carat Weight) that fits in your budget (Cost), is eye clean (Clarity), and in a Color range you are comfortable with.

You already have your budget and you are shopping for a Round Brilliant. There is lots of information to help guide you to selecting a very nice diamond. Do you know what color range appeals to your eye? The diamond you mentioned is H color. H is near colorless, faces up white, and offers good bang for the buck in pricing. You are off to a good start.

Check out the diamond links PhoenixGirl gave you. Look at the details of each diamond and compare them. Get a feel for diameter and depth measurements. As you find diamonds that interest you, feel free to post them on the Forum. Folk will be more than glad to help out.